Regency Centers Announces Tax Information for 2022 Distributions

Rhea-AI Summary

Regency Centers Corporation (Nasdaq: REG) announced the federal income tax treatment of its 2022 distributions to common stockholders. Shareholders received a total distribution of $3.15000 per share, with $2.52900 allocated as ordinary dividends. Specifically, for distributions of $0.62500 on January 5, 2022, $0.07300 was reported for tax year 2022. Additionally, the $0.65000 distribution on January 4, 2023, had $0.58100 reported for 2022, with the remainder for 2023. The company clarifies that tax treatment may vary year to year, and shareholders are advised to consult their tax advisors for personalized guidance.

Positive

• Total distribution of $3.15000 per share for 2022.
• $2.52900 per share classified as ordinary dividends.
• Shareholders informed about specific tax implications for distributions.

Negative

• None.

JACKSONVILLE, Fla., Jan. 20, 2023 (GLOBE NEWSWIRE) -- Regency Centers Corporation (The “Company”) (Nasdaq:REG) today announced the federal income tax treatment of its 2022 distributions to holders of its common stock.

Regency Centers Corporation Common Stock: Symbol REG CUSIP #: 758849103

Record Date	Payable Date	Total Distribution Per Share		Distribution Allocated to 2022		Total Ordinary Dividends		Qualified Dividends (Included in Total Ordinary Div)		Section 199A Dividends(1)		Total Capital Gain Distribution		Unrecapt Section 1250 Gain		Section 897 Ordinary Dividends		Section 897 Capital Gain		Nontaxable Distributions
12/16/2021	1/5/2022	$0.62500		$0.07300		$0.07300		$0.00000		$0.07300		$0.00000		$0.00000		$0.00000		$0.00000		$0.00000
3/15/2022	4/5/2022	$0.62500		$0.62500		$0.62500		$0.00000		$0.62500		$0.00000		$0.00000		$0.00000		$0.00000		$0.00000
6/15/2022	7/6/2022	$0.62500		$0.62500		$0.62500		$0.00000		$0.62500		$0.00000		$0.00000		$0.00000		$0.00000		$0.00000
9/15/2022	10/4/2022	$0.62500		$0.62500		$0.62500		$0.00000		$0.62500		$0.00000		$0.00000		$0.00000		$0.00000		$0.00000
12/16/2022	1/4/2023	$0.65000		$0.58100		$0.58100		$0.00000		$0.58100		$0.00000		$0.00000		$0.00000		$0.00000		$0.00000
TOTALS		$3.15000		$2.52900		$2.52900		$0.00000		$2.52900		$0.00000		$0.00000		$0.00000		$0.00000		$0.00000

(1) This amount represents dividends eligible for the 20% qualified business income deduction under Section 199A, and is included in Ordinary Dividends.

Please note, of the $0.62500 per share dividend declared for holders of record on December 16, 2021 and paid on January 5, 2022, $0.55200 was reported for income tax purposes in 2021 with the remaining $0.07300 reported for tax year 2022 as set forth in the above table.

Of the $0.65000 per share dividend declared for the holders of record on December 16, 2022 and paid on January 4, 2023, $0.58100 is reported for income tax purposes in 2022 with the remaining $0.0690 to be reported for tax year 2023.

This information is being provided to assist shareholders with tax reporting related to distributions made by the Company. Tax treatment of 2022 distributions is not necessarily indicative of taxability of future distributions, as tax treatment may change from year to year. The information provided herein should not be construed as tax advice or relied upon as such, and shareholders are encouraged to consult with their tax advisors as to tax treatment of the Company's distributions specific to their individual situations.

About Regency Centers Corporation (Nasdaq: REG)

Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers. Operating as a fully integrated real estate company, Regency Centers is a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member. For more information, please visit RegencyCenters.com.

Christy McElroy
904 598 7616
ChristyMcElroy@regencycenters.com

FAQ

What is the total distribution per share for Regency Centers Corporation in 2022?

The total distribution per share for 2022 is $3.15000.

How much of the total distribution was allocated as ordinary dividends for REG?

Out of the total distribution, $2.52900 per share is allocated as ordinary dividends.

What tax treatment was reported for the $0.62500 distribution paid on January 5, 2022?

For the $0.62500 distribution, $0.07300 was reported for tax year 2022.

What is the tax reporting for the January 4, 2023 distribution for REG?

The distribution of $0.65000 has $0.58100 reported for tax year 2022 and the remainder for 2023.

Should shareholders consult tax advisors regarding Regency's distributions?

Yes, shareholders are encouraged to consult their tax advisors for specific tax treatment guidance.